Clifford H Ted Rees Jr Scholarship Foundation

Analysis

Clifford H Ted Rees Jr Scholarship Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clifford H Ted Rees Jr Scholarship Foundation reported income of $184k and spending of $157k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $189k to $184k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clifford H Ted Rees Jr Scholarship Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Citizens Mediation Service Inc ($184k), Southwest Colorado Leverage Lender Inc ($184k) and Dallas Chapter of Praire View a and M National Alumni Association ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Other salaries and wages came to $34k. At year end it held assets of $2.9m against liabilities of $35k, net assets of $2.8m.